AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hello,

I plan on leasing a commercial property in Singapore. However, I wanted to know about flexibility terms regarding negotiating a "rent free" or "reduced-rent" period when I do renovation? I am setting up an educational institute, and would like to find a solution for not paying rent when renovating.

Thank you,

Lawrence
0 •
6330 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Dalen Chee
Replied
Hi Lawrence,

it can be done. It depends also on the landlord and the size of the unit you are taking. Do contact me if you are serious about getting a business space. We can meet up over coffee to discuss your business needs.

Thank you.

Best Regards
Dalen Chee
Mobile : 9695 2550  Read More
0
Upvote Upvoted
Geryl Lim
Replied
Dear Lawrence,

What you have mentioned can be done since it will be a private agreement between you as the tenant and the landlord. All terms and conditions can be discussed until all parties are agreeable.

Are you looking to set up a considerable sized educational institute? What you will need to ensure instead would be if the site you are interested in can be used for educational institute purpose.

Regards,

Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
ECG Landed Dynamic Alliance (Home of *7772 Hotline) - We Sold More Than 100 Landed Homes
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed7772" in Mobile Apps Store or Play Store now!

**Aspiring to be your preferred partner in real estate**

It's back. Keep yourself available on 6th April 2013 from 1300-1730hrs for the latest version of ECG Landed Dynamic Alliance Sales Exhibition featuring more than 200 units of landed homes for sale. Bankers, builders and legal advisors will be onsite to assist should you have any enquiries on loans and legal issues. Kindly SMS or email to Geryl for registration before the free slots are taken. Read More
0
Upvote Upvoted
Ethan Ang
Replied
Hi Lawrence

A "rent free" period can be negotiated with the landlord ranging from 2 weeks to 3 months. The norm is 1 month.

If you are planning to set up an educational institute, I have a ready space which I'm marketing and it might suits your requirement. Centrally and strategically located. Easy accessible.

Feel free to contact me if you need any help.

Thanks and Best Regards

Ethan Ang
C&H Properties Pte Ltd
 9769 0125  Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions